Written by ForexBrokers.com
In this head to head comparison of FxPro vs HYCM (Henyep Capital Markets), we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FxPro, established in 2006, and HYCM (Henyep Capital Markets), in operation since 1977, both offer online brokerage services, though they exhibit key differences in structure and industry perception. FxPro sets itself apart as a bank, while HYCM does not hold such status. Despite neither being publicly traded, these brokers are recognized for their regulatory rigor with both holding two Tier-1 licenses each, a status considered highly trusted by ForexBrokers.com. Additionally, each broker has secured one Tier-2 license, signaling a trusted level of compliance.
The ForexBrokers.com Trust Score reveals a distinction in perceived reliability, with FxPro achieving a high score of 93 out of 99, indicating a highly trusted status. On the other hand, HYCM receives a respectable score of 86, positioning it firmly within the trusted category. Both brokers provide credible options for potential investors, though FxPro's slightly higher trust score and banking status might give it an edge for those prioritizing security and institutional solidity.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Year Founded | 2006 | 1977 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Looking at commissions and fees, HYCM is generally cheaper than FxPro. HYCM earns 4.5/5 stars and ranks #16 of 63 for this category, while FxPro earns 4/5 stars and ranks #33 of 63. On headline EUR/USD pricing, HYCM’s Raw account averages about 0.6 pips all-in after commission, whereas FxPro’s most competitive option is cTrader at roughly 1.27 pips effective cost (about a 0.37-pip average spread plus a 0.9-pip commission-equivalent). That puts HYCM ahead for traders focused on low spreads.
FxPro offers multiple pricing models across platforms. On MT4 you can choose variable or fixed spreads, and pick instant execution (no slippage, but requotes) or market execution (slippage possible, no requotes). Typical variable EUR/USD spreads are around 1.71 pips with instant execution and 1.58 pips with market execution on MT4, and about 1.51 pips on MT5. MT5 supports only market execution and has no fixed-spread option. FxPro’s cTrader uses commission-based pricing and often delivers the broker’s lowest costs; it also has no minimum distance for stop/limit orders, while MetaTrader accounts require at least 1 pip from the entry price. An Elite Active Trader program can cut costs by up to 30%, yet overall pricing still trends above the industry average.
HYCM keeps things straightforward with three accounts. The Raw account is the clear value pick at about 0.6 pips all-in on EUR/USD. The Classic account has variable spreads starting from 1.2 pips, and the Fixed account lists a 1.5-pip fixed spread. For many trading styles, HYCM’s structure results in lower typical costs than FxPro, reflected in its higher 4.5-star rating and better ranking (#16 of 63) versus FxPro’s 4-star rating and #33 placement.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | 1.51 | 1.2 |
| All-in Cost EUR/USD - Active | 1.27 | 0.6 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FxPro and HYCM both let you trade forex as CFDs or spot, and each lists 70 forex pairs. The big gap is overall choice: FxPro offers 2,249 tradable symbols, while HYCM has 1,199. Both brokers support cryptocurrency derivatives, but neither lets you buy actual crypto. Copy trading is available at FxPro, but not at HYCM.
For stocks, HYCM allows access to U.S.-listed shares (not as CFDs), while FxPro does not. Both brokers offer exchange-traded shares on international markets. In the Range of Investments category, both earn 4 out of 5 stars; FxPro ranks 29th out of 63 brokers, and HYCM ranks 34th. Pick FxPro if you want more total instruments and copy trading, or choose HYCM if you need direct U.S. share dealing.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 1199 |
| Forex Pairs (Total) | 70 | 70 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
FxPro and HYCM both check the key platform boxes: each offers a free demo account, a proprietary platform, Windows desktop software, and a web-based platform. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are available at both brokers, and you can place trades directly from charts. Neither supports DupliTrade or ZuluTrade. One clear difference is copy trading: FxPro offers it, while HYCM does not.
For charting tools, FxPro provides 25 drawing tools versus 15 at HYCM. On the watchlist side, FxPro offers 6 columns, while HYCM offers 7. Both brokers earn 4 out of 5 stars for Trading Platforms and Tools, but their category rankings differ: FxPro is ranked #17 out of 63 brokers by ForexBrokers.com, compared with HYCM at #41. In short, FxPro may appeal if you want built-in copy trading and more drawing tools, while HYCM may suit traders who prefer an extra watchlist field.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 53 | 30 |
| Charting - Drawing Tools (Total) | 25 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FxPro vs HYCM: both brokers offer iPhone and Android trading apps with price alerts, real-time quotes on customizable watchlists, trendline drawing, multiple time frames, and auto-saved chart drawings. The key difference in day-to-day use is syncing: FxPro syncs watchlists between mobile and the web platform, while HYCM does not, so changes may not carry over.
For charting depth, FxPro includes 65 technical studies in its app compared with HYCM’s 30, which can matter if you rely on indicators. According to ForexBrokers.com, FxPro’s mobile app earns 4.5/5 stars and ranks #15 out of 63 brokers, while HYCM scores 4/5 stars and ranks #38. If you want fuller indicator coverage and synced watchlists, FxPro has the edge; if you only need the essentials on iOS or Android, HYCM still checks the main boxes.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FxPro and HYCM both deliver daily market commentary and stream forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Each broker includes Trading Central analysis and an economic calendar. Neither broker offers Autochartist, TipRanks, or Acuity Trading (Signal Centre) tools.
Where they differ is sentiment data: FxPro provides a position-sentiment tool, while HYCM does not. In independent assessments, FxPro earns 4 stars for research and ranks 26th out of 63 brokers at ForexBrokers.com, whereas HYCM scores 3.5 stars and ranks 36th. If you want sentiment insights alongside news and analysis, FxPro has the edge; for core commentary, news, and calendar tools, both are solid options.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
FxPro and HYCM are both strong contenders when it comes to providing educational resources for beginners interested in forex and CFDs trading. Both brokers offer a solid foundation for new traders by providing over ten educational pieces, such as articles and videos, that focus on the essentials of forex and CFD trading. They also make past client webinars available through searchable archives, helping users catch up on previously discussed topics. In terms of educational content specifically designed for beginners, both FxPro and HYCM present at least ten comprehensive video lessons. Each platform also provides an investor dictionary that defines over 50 essential investing terms, making it easier for newcomers to familiarize themselves with the trading lingo.
However, when advanced educational content is considered, neither FxPro nor HYCM delivers ten or more videos specifically tailored for experienced traders. This limitation might prompt advanced traders to seek additional resources elsewhere. Despite this, FxPro edges out HYCM in educational rankings, earning 4 stars compared to HYCM's 3.5-star rating. FxPro stands at #18 out of 63 brokers on ForexBrokers.com's education ranking, while HYCM ranks at #32. This indicates the slight advantage FxPro holds in educating beginner traders, providing a supportive learning environment overall.
| Feature |
FxPro
|
HYCM (Henyep Capital Markets)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FxPro is better than HYCM (Henyep Capital Markets). FxPro finished with an overall rank of #21, while HYCM (Henyep Capital Markets) finished with an overall rank of #29.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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HYCM (Henyep Capital Markets)
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| Trust Score | 93 | 86 |
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FxPro and HYCM (Henyep Capital Markets) both offer the ability to trade cryptocurrency derivatives, but neither platform provides the option to purchase actual (delivered) cryptocurrencies.
When comparing deposit and withdrawal options between FxPro and HYCM (Henyep Capital Markets), FxPro provides more versatility by supporting ACH, SEPA, and PayPal alongside common options like Skrill, Visa, Mastercard, and bank wires, whereas HYCM includes Skrill, Visa, Mastercard, and bank wires but lacks ACH, SEPA, and PayPal capabilities.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FxPro | HYCM (Henyep Capital Markets) | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | FxPro Review | HYCM (Henyep Capital Markets) Review |
| Broker Screenshots | FxPro | HYCM (Henyep Capital Markets) | |
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| Regulation | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Trust Score | 93 | 86 | |
| Year Founded | 2006 | 1977 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 1199 | |
| Forex Pairs (Total) | 70 | 70 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 1.2 | |
| All-in Cost EUR/USD - Active | 1.27 | 0.6 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Drawing Tools (Total) | 25 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 65 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | HYCM (Henyep Capital Markets) | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FxPro Review | HYCM (Henyep Capital Markets) Review |
| Overall | FxPro | HYCM (Henyep Capital Markets) | |
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| Trust Score | 93 | 86 | |
| Winner | check_circle | ||
| Review | FxPro Review | HYCM (Henyep Capital Markets) Review |
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